1-bedroom flat · BN3 1RU
For saleReduced £15k (−6.5%) on 26 AprListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and light-filled ground floor, one bedroom apartment forming part of a well-maintained purpose-built development in a highly desirable central Hove location, moments from Western Road, Hove seafront, and the green open spaces of St Ann’s Well Gardens.
The property offers well-proportioned accommodation and is arranged around a generous central living space.
The impressive sitting/dining room provides an excellent space for both relaxing and entertaining, with a large window allowing plenty of natural light.
A separate fitted kitchen sits just off the living area and offers ample worktop and storage space.
The double bedroom benefits from built-in wardrobes, while the bathroom is conveniently located off the hallway.
Somerhill Lodge is ideally positioned just a short stroll from the vibrant coffee shops, restaurants, bars and shops of Western Road, while Hove seafront is moments away for coastal walks.
The beautiful St Ann’s Well Gardens are also nearby, providing a peaceful green retreat in the heart of the city.
Brighton City centre and Brighton and Hove Railway Stations are also easily accessible.
The apartment presents an excellent opportunity for buyers to modernise and personalise, creating a wonderful home in an outstanding location.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Somerhill Road, Hove
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